• My Zone Careers

Nyandoro takes the helm as MVA Fund's CFO

• 3 Weeks Ago - 2024-10-25 00:00:00

The Motor Vehicle Accident (MVA) Fund has welcomed a new financial steward with the arrival of James Nyandoro, who officially assumed the role of chief financial officer (CFO) on 1 August.
Nyandoro’s appointment comes as the fund seeks to maintain its compliance with financial regulations while ensuring efficient service delivery.
Nyandoro fills the position previously held by former executive members such as Frans Nghikembua, who went on to become CEO of Agribank, and Sarah Ndongo, who played a role in streamlining financial operations during her tenure as CFO at the fund.
Nyandoro’s day-to-day responsibilities involve managing finance, procurement and IT operations, which are crucial to the smooth functioning of the fund.
“My workday starts at 07:00, usually with a plan for the day,” he said.
His mornings include meetings, following up with sub-units and engaging directly with staff.
“I prefer face-to-face interactions, as they help with team cohesion and ensure business continuity,” he explained.

Collaborative leadership
His work also requires him to navigate the complexities of the Public Procurement Act, ensuring that payments and approvals align with regulatory compliance.
Reflecting on his early days in the role, Nyandoro said the biggest challenge has been finding a balance between meeting payment obligations and optimising the fund’s investments.
“Timely payments to service providers are essential, especially given the nature of MVA Fund’s core mandate. However, it’s equally important to develop strategies to grow investments,” he said.
Known for his collaborative leadership style, Nyandoro emphasised the importance of teamwork.
“I believe in building capacity within teams rather than relying on individuals. This approach ensures that information flows seamlessly, which is essential for business continuity,” he noted.

Building personal strength
His preference for morning productivity is driven by his routine of working out at 05:00.
“Exercising gives me the energy I need to tackle the day ahead,” he said with enthusiasm.
When asked about his strengths, Nyandoro referred to his analytical mindset and attention to detail. “I also enjoy working with people from diverse backgrounds,” he added.
However, he acknowledged that his empathetic nature could sometimes be a double-edged sword. “I tend to be too empathetic, which can sometimes compromise my focus on organisational objectives,” he said candidly.
Nyandoro remains optimistic about achieving a healthy work-life balance, noting that he makes time for family and exercise as a form of therapy.
“The key is taking the initiative to balance everything,” he remarked. While it’s still early days, Nyandoro hinted that big things are on the horizon. “It’s too soon to talk about achievements, but watch this space,” he said.
In closing, Nyandoro expressed his excitement about joining the MVA Fund.
“I’m happy to be part of this high-performance-driven organisation and look forward to making a positive contribution,” he said.